Latest news
EU approves takeover of DONG’s oil and gas business by INEOS
The European Commission has favored UK petrochemical giant INEOS’ buyout of DONG’s oil and gas business, decision which followed the Danish firm’s agreement to sell its oil and gas exploration and production unit for $1.05 billion.
read more... 04/07/2017
UK wishes to revive gas extraction in oldest region of North Sea oil basin
UK's Oil and Gas Authority (OGA) published on Thursday an eight-step program for oil companies with phases to follow to discover the southern North Sea gas deposits difficult cu reach, where drilling for fossil fuels began over 50 years ago.
read more... 23/06/2017
Norwegian trade unions reach wage deal, avoiding strike
Norwegian oil and gas companies draw a wage agreement with employees on Saturday, ending the possible strike at five oil fields.
read more... 12/06/2017
Norwegian union threatens strike at several oil fields
The oil output from several Norwegian fields may be disrupted starting this weekend, threatened by a potential strike by 150 oil employees if a new wage deal is not agreed before a Friday deadline.
read more... 09/06/2017
Greece will start opening up onshore oil and gas prospects in 2018
Greece will start the process of opening up new onshore oil and gas prospects to exploration next year, as stated by the chief executive of the country's oil and gas resources management company on Monday.
read more... 30/05/2017